Financial Review

Da’ Bomb

Informações:

Synopsis

….Record highs for Dow, S&P, Nasdaq, and Russell 2K. Fed minutes. Manufacturing win-win. Construction spending up. Car sales. Crude hits $61. Bombogenesis…. Financial Review by Sinclair Noe for 01-03-2018   DOW + 98 = 24,922 SPX + 17 = 2713 NAS + 58 = 7065 RUT  + 17 = 1552 10 Y – .02 = 2.45% OIL + 1.56 = 61.93 GOLD – 4.60 = 1313.50   Record highs for the Dow, S&P, Nasdaq, and Russell 2000. The Dow looks to be taking a bead 25k. The S&P cruises past 2700, while the Nasdaq popped through 7,000 and just kept running. Forget about the drama and dysfunction in Washington. Forget about geopolitical uncertainty. Forget about the cyclone bomb – the incredible cold weather blasting much of the country. Stocks just keep rolling higher without a worry – the Vix dropped below 9. Today marks only the fifth time in history that the Vix has dropped below 9. When the markets stop being fearful, it is usually time to be afraid.   The holidays provided a respite from economic data, but today featured a slew of news. Details of